BONUS Vorsorge

What BONUS Vorsorge does

BONUS Vorsorge is an Austrian financial services group (BONUS Gruppe) specializing in sustainable occupational retirement provision, formed around three operating subsidiaries: BONUS Pensionskasse AG (corporate pension fund management), BONUS Vorsorgekasse AG (Abfertigung NEU severance pay management, fully integrated with the former fair-finance Vorsorgekasse in September 2025), and Concisa Vorsorgeberatung und Management AG (actuarial consulting and welfare fund administration). The group manages approximately €1.7 billion in Pensionskasse assets across ~58,500 active and retired beneficiaries and approximately €1.6 billion in Vorsorgekasse assets across ~1.46 million Abfertigung NEU beneficiaries, providing bespoke corporate pension models, 100% capital-guaranteed severance pay accounts, and lifelong pension payments adjusted annually. Underlying platforms include dual customer portals (Kundenportale) for the Pensionskasse and Vorsorgekasse lines, a modern web-app portal for legal-professional clients (Concisa), multiple investment and risk communities (VG1, VG2, VG3 plus Sicherheits-VRG and a life-phase model), and proprietary sustainability tooling — the BONUS ESG-Cockpit for portfolio ESG integration, the BONUS21+ scoring model for product-level ESG quality control, and a comprehensive Kriterienkatalog for sustainable investment decisions. The differentiated platform sits on top of an internal risk-management infrastructure and is operated by a ~100-person team of specialists, lawyers, mathematicians, and customer service representatives based at the Vienna headquarters.

The business model is built on regulated, recurring asset-based fees: management fees on €1.7B Pensionskasse AUM, fees on €1.6B Vorsorgekasse contributions flowing in under the mandatory 1.53% employer Abfertigung NEU levy routed via Austrian health insurance funds, and fee-for-service actuarial, IFRS/US-GAAP valuation, severance/anniversary calculation, and welfare fund administration revenue from Concisa. BONUS is jointly owned (50/50) by Generali Versicherung AG and Zürich Versicherungs-Aktiengesellschaft — both deliver product distribution through their insurance agent and broker networks, while BONUS supplements this with direct enterprise sales (Key Account Managers providing on-site Beratung including works-council-enabled companies), self-service portals, and self-employed onboarding/account-switching services. All operations are domestic to Austria, with specialization in sustainability-led investment (since 1998), chamber/professional welfare administration (doctors, dentists, lawyers), and consolidated employer benefits administration. Revenue is not publicly disclosed.

Name

BONUS Vorsorge

Legal name

BONUS Vorsorgekasse AG

Website

https://bonusvorsorge.at

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

BONUS Gruppe is an Austrian financial services group operating BONUS Pensionskasse, BONUS Vorsorgekasse, and Concisa Vorsorgeberatung to provide sustainable corporate pensions, mandatory Abfertigung NEU severance pay management, and actuarial consulting for Austrian employers, employees, self-employed, and professional chambers.

Ownership category

akta.pro rank

Product category

Occupational Pension and Severance Pay Management

NAICS

Pension Funds (525110), Insurance and Employee Benefit Funds (5251), Health and Welfare Funds (525120)

SIC

Services-Management Consulting Services (8742), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industries

Pensions & Retirement Benefits Administration (BPAIAKAA), Benefits Administration & Total Rewards Outsourcing (BPACAKAE), Compensation, Benefits & Rewards Consulting (BPAHAGAF), Employee Benefits Brokerage & Consulting (FSAEADAC), Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

Keywords

• Occupational pension funds
• Severance pay management
• Actuarial consulting services
• Sustainable retirement provision
• Corporate employee benefits

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Pensionskasse Management Fees: BONUS Pensionskasse generates revenue through management fees charged on assets under administration. The company manages approximately €1.7 billion in assets for around 58,500 Anwartschafts- and Leistungsberechtigte (active and retired beneficiaries). Revenue is derived from contributions from employers and employees, investment returns, and fee structures regulated under Austrian PKG.
2. Vorsorgekasse Management Fees: BONUS Vorsorgekasse manages approximately €1.6 billion in assets from approximately 1.46 million Anwartschaftsberechtigte (employees, tradespeople, freelancers). Revenue is generated from fees on contributions paid by employers (1.53% of gross salary for Abfertigung NEU) and self-employed contributions. The company also earned from mandatory contribution flows regulated under BMSVG.
3. Actuarial & Consulting Services (Concisa): Concisa Vorsorgeberatung generates revenue through actuarial consulting services including pension provision assessments, IFRS/US-GAAP valuations, severance and anniversary payment calculations, salary model development, and advice on transferring benefit commitments. These are fee-for-service professional services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

BONUS Gruppe operates as an Austrian occupational retirement provision (betriebliche Altersvorsorge) group delivering three core services: BONUS Pensionskasse provides customized corporate pension fund models under the highest ecological, ethical, and social standards; BONUS Vorsorgekasse administers mandatory Abfertigung NEU severance contributions with a 100% capital guarantee for ~1.46 million beneficiaries; and Concisa Vorsorgeberatung delivers actuarial consulting and welfare fund administration for Austrian professional chambers (physicians, lawyers, dentists). The group manages combined AUM of approximately €3.3 billion and distributes through Generali and Zürich insurance networks, direct employer sales, and self-service portals.

Product overview

BONUS Gruppe is an Austrian financial services group specializing in sustainable occupational retirement provision, consisting of three main subsidiaries. BONUS Pensionskasse provides customized corporate pension fund models for companies of all sizes, managing approximately €1.7 billion in assets for around 58,500 beneficiaries. BONUS Vorsorgekasse (formerly fair-finance, integrated September 2025) administers Austria's Abfertigung NEU severance pay system for approximately 1.46 million beneficiaries with €1.6 billion in assets under management, offering 100% capital guarantee. Concisa Vorsorgeberatung delivers actuarial consulting services including social capital valuations, IFRS/US-GAAP reporting, and administration of welfare funds for physicians and lawyers. The group operates customer-facing web portals for self-service account management and provides various investment models including life-phase-based options and security-focused investment communities. Since 1998, all investments have been managed according to the highest ecological, ethical, and social sustainability standards.

Differentiator

Problem solved

Functional benefit

Brands

• BONUS Pensionskasse: Pension fund providing customized pension fund models for companies
• BONUS Vorsorgekasse
• Concisa Vorsorgeberatung

Products and services

• BONUS Pensionskasse Occupational pension fund (Pensionskasse) offering customized pension fund models for Austrian companies ranging from small and medium enterprises to corporations with thousands of employees, managed under the highest ecological, ethical, and social standards under Austrian PKG regulation. Manages approximately €1.7 billion in assets for around 58,500 active and retired beneficiaries with lifelong pension payments, survivor benefits, and tax advantages.
• BONUS Vorsorgekasse Severance pay management (Abfertigung NEU) service for Austrian employees, self-employed persons, tradespeople, and freelancers under BMSVG regulation. Provides 100% capital guarantee on all contributions, tax-advantaged savings, online account management, and consolidation of fragmented severance accounts. Manages approximately €1.6 billion in assets for approximately 1.46 million beneficiaries.
• Concisa Vorsorgeberatung Actuarial consulting services for social capital obligations including evaluation of pension, severance pay, and anniversary bonuses, IFRS/US-GAAP valuations, salary model development, and administration of welfare funds (Wohlfahrtsfonds) for physicians and capital-funded pension schemes (Versorgungseinrichtung) for lawyers. Specialized in welfare fund administration for Austrian professional chambers with over 20 years of expertise.
• Kontozusammenführung (Account Consolidation) Service allowing customers to consolidate fragmented severance or pension accounts from other providers into BONUS, with BONUS handling automatic research and transfer of balances held at other Vorsorgekassen. Targeted at employees changing jobs and self-employed individuals with multiple historical accounts.

Quantifiable outcome

• CO2 footprint of 36.3 tCO2e per million euros invested in equity portfolio (vs. benchmark of 68.5 tCO2e) as of December 31, 2024
• +2 more outcomes

Named customers4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• fair-finance VorsorgekassecoreStrategic or Co-development Partner · 24 September 2025fair-finance Vorsorgekasse was fully integrated into the BONUS Gruppe as of 24 September 2025 and now operates exclusively under the name BONUS Vorsorgekasse AG. Former fair-finance customers continue to be served by the same customer service team.
• Generali Insurance Distribution PartnerscoreChannel Partner/ Reseller/ DistributorGenerali insurance agents and brokers distribute BONUS Vorsorgekasse and Pensionskasse products as part of their corporate insurance and employee benefits offerings to Austrian employers.
• Zürich Insurance Distribution PartnerscoreChannel Partner/ Reseller/ DistributorZürich insurance agents and brokers distribute BONUS products as part of their corporate employee benefits offerings in Austria.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• APK Vorsorgekasse: One of Austria's largest Abfertigung NEU Vorsorgekassen, directly competing for the same employer-mandated severance contributions under BMSVG. Operates at similar scale with multi-employer distribution.
• Valida Pension AG: Austrian Pensionskasse and Vorsorgekasse operator owned by Raiffeisen banking group, offering both occupational pension plans and Abfertigung NEU services under the same PKG/BMSVG framework as BONUS. Direct competitor with strong bank-channel distribution.
• VBV Pensionskasse: Austria's largest Pensionskasse, jointly owned by social partners and major corporates, offering occupational pension plans across the same regulatory framework (PKG) as BONUS Pensionskasse. Direct competitor for corporate pension mandates.

Others

• Zürich Versicherungs-Aktiengesellschaft: The other 50% parent and distribution partner of BONUS, providing group insurance and pension solutions in Austria. Strategic shareholder alignment but also a partial competitor in the broader employee benefits market.
• Generali Versicherung AG: 50% parent and core distribution partner of BONUS Pensionskasse, offering its own group life and pension products in Austria. While aligned economically, Generali's direct pension offerings compete for the same corporate budget as BONUS.
• Concordia Sozialversicherung (Versicherungsanstalt für Eisenbahnen und Bergbau): Austrian social insurance institution administering statutory pension and severance-related benefits. Not a commercial competitor, but its handling of statutory severance transitions (Abfertigung ALT to NEU) directly affects BONUS Vorsorgekasse's addressable contributor pool.

Broad incumbents

• Allianz Pension Österreich: Part of the global Allianz group, offering occupational pensions and group benefits in Austria. Competes with BONUS for corporate pension mandates but as part of a broader insurance and asset management portfolio.
• Swiss Life Österreich: Austrian subsidiary of Swiss Life Group providing Pensionskasse and Vorsorgekasse products. Competes with BONUS in the same regulated occupational retirement space with the backing of a major pan-European life insurer.

Regional players

• ERSTE-SPARINVEST / Erste Asset Management: Major Austrian asset manager providing institutional pension fund management and ESG investment solutions. Competes indirectly with BONUS for institutional mandates and ESG investment mandates within Austrian pension vehicles.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bonus-vorsorgekasse

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BONUS Vorsorge